Products & Services

multi-purpose-loan 1. MULTI-PURPOSE LOAN

MULTI-PURPOSE LOAN

OLD MEMBERS

NEW MEMBERS

MAXIMUM LOANABLE AMOUNT

Net Pay 7,251 -7,500 P 100,000.00

Net Pay 9,751-10,000 150,000.00

Net Pay 12,251 and above 200,000.00

P 10,000.00 –initial loan

P100,000.00- members for at least 18 months

INTEREST

PENALTY

PROCESSING FEE

8 % p.a.

1% p.a.

P 300.00

8 % p.a. 1% p.a. P 300.00
OTHER CHARGES Premium Insurance which will depend on the amount of loan Premium Insurance which will depend on the amount of loan
TERM OF LOAN

36 MONTHS- 35,000.00 to 100,000.00

48 MONTHS- 105,000.00 to 150,000.00

60 MONTHS- 155,000.00 to 200,000.00

36 MONTHS OR 3 YEARS
MODE OF PAYMENT Straight Amortization thru payroll deduction

educational-loan2. EDUCATIONAL LOAN

EDUCATIONAL LOAN

OLD MEMBERS

NEW MEMBERS

MAXIMUM LOANABLE AMOUNT

Net Pay 4,751 -5,000 P 25,000.00

Net Pay 7,251 -7,500 75,000.00

P 10,000.00 –initial loan

P 35,000.00 – members for at least 18 months

INTEREST

PENALTY

PROCESSING FEE

8 % p.a.

1% p.a.

P 300.00

8 % p.a.

1% p.a.

P 300.00

OTHER CHARGES Premium Insurance which will depend on the amount of loan Premium Insurance which will depend on the amount of loan
TERM OF LOAN

24 MONTHS – 10,000.00 to 25,000.00

36 MONTHS- 30,000.00 to 75,000.00

24 MONTHS – 10,000.00 to 25,000.00

36 MONTHS- 30,000.00 to 35,000.00

MODE OF PAYMENT Straight Amortization thru payroll deduction

medical-assistance-loan 3. MEDICAL ASSISTANCE LOAN

EDUCATIONAL LOAN

OLD MEMBERS

NEW MEMBERS

MAXIMUM LOANABLE AMOUNT

Depends on the request of the borrower but not to exceed P 150,000.00

P 150,000.00 – members for at least 18 months

P 75,000.00- members for at least 1 year

INTEREST

PENALTY

PROCESSING FEE

6% p.a.

1% p.a.

P 300.00

6% p.a.

1% p.a.

P 300.00

OTHER CHARGES Premium Insurance which will depend on the amount of loan Premium Insurance which will depend on the amount of loan
TERM OF LOAN

36 MONTHS OR 3 YEARS

36 MONTHS OR 3 YEARS

MODE OF PAYMENT Straight Amortization thru payroll deduction

vehicle-loan 4. VEHICLE LOAN

VEHICLE LOAN

LOANABLE AMOUNT

The maximum amount of loan shall be equal to cost of the vehicle plus other incidental fees and other charges. Provided, that the total maximum amount of loan shall be limited to the paying capacity of the applicant/borrower

COVERED VEHICLES

BRAND NEW ONLY, Second hand vehicle may be allowed provided that it is not more than 10 years of age; the vehicle is owned by first hand owner and the vehicle is not subject to an existing chattel mortgage

INTEREST 6% p.a.
PENALTY

1% per month

PROCESSING FEE

P 300,000.00 and below – P 300.00

300,001.00 – 500,000.00 – 500.00

500,001.00 – 700,000.00 – 700.00

700,001.00 – 900,000.00 – 1,000.00

Over 900,000.00 – 1,500.00

OTHER CHARGES

Premium Insurance which will depend on the amount of loan

TERM OF LOAN

60 MONTHS

MODE OF PAYMENT Diminishing Amortization thru payroll deduction

housing-loan 5. HOUSING LOAN

VEHICLE LOAN

LOANABLE AMOUNT

House Construction – Maximum of P 1,000,000.00

House Repairs/Renovation – Maximum of P 500,000.00

Equity Loan – Maximum of P 500,000.00

INTEREST

P 150,000.00 – 250,000.00 8% p.a.

251,000.00 – 350,000.00 8.5% p.a.

351,000.00 above 9% p.a.

PENALTY 1% per month
PROCESSING FEE

P 150,000.00 and below – P 200.00

151,000.00 – 250,000.00 – 400.00

251,000.00 – 350,000.00 – 600.00

351,000.00 – 450,000.00 – 800.00

Over 450,000.00 – 1,000.00

OTHER CHARGES

Premium Insurance which will depend on the amount of loan

TERM OF LOAN

Depends on the amount of loan- Maximum of ten (10) years

MODE OF PAYMENT

Straight Amortization thru payroll deduction or Issuance of Post-dated checks


quick-loan 6. QUICK LOAN

QUICK LOAN

LOANABLE AMOUNT

Maximum of P 15,000.00

INTEREST

8% p.a.

PENALTY 1% per month
PROCESSING FEE

P 300.00

OTHER CHARGES

Premium Insurance which will depend on the amount of loan

TERM OF LOAN

18 MONTHS

MODE OF PAYMENT

Straight Amortization thru payroll deduction or Issuance of Post-dated checks


calamity-emergency-assistance-loan7. CALAMITY/EMERGENCY ASSISTANCE LOAN

CALAMITY/EMERGENCY ASSISTANCE LOAN

LOANABLE AMOUNT

Should not exceed P50,000.00

INTEREST

5% p.a.

PENALTY 1% per month
PROCESSING FEE

P 300.00

OTHER CHARGES

Premium Insurance which will depend on the amount of loan

TERM OF LOAN

1 yr to 3 yrs.

MODE OF PAYMENT

Straight Amortization thru payroll deduction or Issuance of Post-dated checks

Historical Background

The Provident Fund was created at the Philippine Postal Corporation together with its rules and regulations for its establishment and administration per Board Resolution No. 93-116 dated 14 October 1993.)

For Inspirations, Special Offers and Much More

ADDRESS

Philpost Provident Fund Office 4th Flr. Manila Central Post Office Building, Liwasang Bonifacio, Manila

CONTACT

(02) 255-2018 ; 527-00-60 / (02) 256-1233
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